HDFC Bank Ltd.

HDFC Bank’s subsidiary -- HDFC Securities has received ‘No Objection’ on September 19, 2022 from the Securities and Exchange Board of India for setting up a wholly owned subsidiary (WOS) in GIFT IFSC subject to certain terms and conditions as mentioned therein. Earlier, in May 2022, the bank had received approval from Reserve Bank of India (RBI) for the same.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.